.
MergerLinks Header Logo

New Deal


Announced

SVES to go public via a merger with Relativity Acquisition in a $707m deal.

Financials

Edit Data
Transaction Value£586m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Reverse Takeover

Friendly

Clothing and Accessories

United States

Domestic

Single Bidder

Acquisition

apparel

Merger

De-SPAC

Private

Pending

Synopsis

Edit

SVES, an apparel distribution company, agreed to go public via a merger with Relativity Acquisition, a special purpose acquisition company, in a $707m deal. “We are excited to partner with Relativity in this business combination, and look forward to the new opportunities it unlocks to generate significant value for the stockholders of the Combined Company. This merger and entry into the public markets will bring us access to a much larger pool of capital which will help us continue to leverage the tailwinds of a compelling high-growth industry," Timothy J. Fullum, SVES Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US